Fed meeting notes: Some participants said the Fed could pause easing and keep policy rates at restrictive levels if inflation remains high.
Goldman Sachs Group strategists say U.S. stocks are unlikely to enter a bear market in the next 12 months, and the economic recovery will continue to support stocks. The team, led by Andrea Ferrario, believes there is only an 18% chance of stocks falling more than 20%, even considering the risks posed by the presidential election. After surging nearly 25% in 2023, the S & P 500 is up about 20% this year, led by broader technology stocks. Despite bond gains this month...
OPEC extended its oil demand outlook to 2050 and said there would be no peak demand in the near future.
U.S. Treasury Secretary Janet Yellen said all indicators point to solid consumer spending and business investment; the job market is no longer seen as a source of inflationary pressure.
According to the article, there are various signs that the Federal Reserve's monetary policy is approaching the time window for cyclical changes. At present, the market is expecting the Federal Reserve to cut interest rates in September. In general, the conditions for the Federal Reserve to cut interest rates are ripe and it is about to enter a new round of easing cycle. If the Federal Reserve chooses a relatively mild interest rate cut model in the future, the international financial marekt may...